ElectriPlast: Licensed and Ready...

Licensed

& Ready




By: BusinessWire -
May 27, 2010, 9:30 a.m. EDT





Integral Secures License on ElectriPlast™ with Leading Provider of Electronic Components to Defense and Commercial Markets Worldwide


BELLINGHAM, Wash., May 27, 2010 -- Integral Technologies, Inc. (stock symbol: ITKG) ("Integral" or the "Company") today announces that it has completed a License Agreement for its Patented ElectriPlast™ Technology with a leading provider of system solutions with extensive technical and engineering content (herein "Licensee") serving aerospace/defense, telecommunications and other international high technology niche markets. At the request of the customer its name will not be published so as to enhance its competitive advantage in utilizing ElectriPlast™.


Established over 60 years ago, this Licensee will be using ElectriPlast™ to provide highly reliable and durable shielding parts in high voltage interconnectors for military, aerospace, medical and other industrial applications manufactured and sold by the Licensee to fulfill the expectations of its demanding customers. Integral anticipates that the Licensee will begin ordering ElectriPlast™ in the near future to begin production of these parts.


As with other of Integral's customers, this Licensee had earlier executed an NDA with Integral to allow its development team to become informed of the technology, including the ElectriPlast™ product specifications in order to help them decide on a specific polymer blend. (Currently, Integral has over 350 NDA's in place with other companies.)


Integral then provided the Licensee samples of ElectriPlast™ plaques molded in an industrial standard size in a square shape 6 by 6 inches with a thickness ranging from 2 to 6 ml. This gave them a quick and easy way to test the electrical characteristics of the blend they chose. Through its manufacturing partner, Jasper Rubber Products, Inc. ("Jasper"), Integral also provided specially blended pellets for the Licensee to do its own molding or extruding to produce its own prototype and conduct its own research and development.


This license was entered into only after the Licensee was satisfied with the chosen application of ElectriPlast™. The License Agreement is a Non-Exclusive Purchase license that allows the Licensee to purchase ElectriPlast™ from Integral for its specific application. The non-exclusive component means that Integral retains the right to license ElectriPlast™ to other companies in the same industry. (Under certain circumstances a customer may enter into an Exclusive Purchase License and/or a Master License with Integral to sub-license the technology to other companies in its industry.)


ElectriPlast™ allows a design engineer the utmost freedom in designing new products or enhancing current designs. Through Jasper, Integral can work with customers who do not have the equipment to do the necessary molding or extruding. At all stages, Integral can assist in the design and review of manufacturing applications and process optimization to meet whatever may be the precise specifications. Testing (electrical and mechanical) of ElectriPlast™ components and applications can then be carried out, followed by customer training and service for design and implementation. Integral also can and has formed joint ventures to co-develop applications for the ElectriPlast™ pellet.


Integral is in negotiations with several other companies to complete additional licenses of its Patented ElectriPlast™ Technology.


Integral Technologies

Integral Technologies, Inc. (www.itkg.net) is the developer of an innovative electrically conductive resin-based material called "ElectriPlast™," a highly conductive recipe that can be molded into virtually any shape or dimension associated with the range of plastics, rubbers and other polymers. Our IP consists of ElectriPlast™ and multitudes of different applications pertinent to a wide variety of industries. No assurances can be given that all patent applications will be approved; however, to the extent that patents are not granted, we will continue to attempt to commercialize these technologies without the protection of patents. Various examples of industries where ElectriPlast™ can be used are antennas, shielding, lighting, circuitry, switch actuators, resistors, and medical devices, to name just a few. The company is currently introducing these new products and ElectriPlast™ technology on a global scale.


This press release contains "forward-looking statements'' within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of such factors as (1) competition in the markets for the products and services sold by the company, (2) the ability of the company to execute its plans, and (3) other factors detailed in the company's public filings with the SEC. By making these forward-looking statements, the Company can give no assurances that the transaction described in this press release will be successfully completed, and undertakes no obligation to update these statements for revisions or changes after the date of this release.

SOURCE: Integral Technologies, Inc.

Integral Technologies, Inc.
Scott McArthur, 888-666-8833

ElectriPlast: Random Thoughts, Episode 23...

Random

Thoughts






By: PK,
The ElectriPlast Blog
Publisher








Timelines and The Company Corner

Much has been wondered and speculated over the past months at the prospects of Integral Technologies and their ElectriPlast marvel. Promised timelines have slipped-- yet again, but this time the fault is not due to a lack of effort to put a fire under this long-simmering rocket.


The ElectriPlast Blog, too, has been sitting idle, waiting on Integral to take the next step. We thought that would be an extremely short wait, what with the long promised website due to hit the street months ago, and the prospective follow-ups to test results and maybe even news of a contract. While these remain largely unfulfilled and are still in the works, many or all of them could take place anytime now. To date, however, they have yet to come across the threshold (I always wanted to use that word in a sentence) of reality.


Well, there is a bit of action taking place that a number may not yet be aware of. For example, Integral’s new Director of Communications has been working on a feature for the new website called The ElectriPlast Company Corner. Eventually, this new venue will contain messages from Integral management on issues of interest to shareholders. So, why is this a good thing? Well, it will be a preamble of things to come. It will provide insights to the real, or rest of the story taking place behind the scenes. And, finally, it will go a long way toward spanning the transparency gap, an issue many shareholders have complained about for years.


However it is taken, http://www.officialelectriplast.blogspot.com/ is there and available for all to view and track. It is not a replacement for the EB, not in the slightest. Our charter continues to be to kick the tires that this stock rides on, to broker open and honest discussion on all things Integral, and, as necessary, to criticize the CEO and/or his sidekick William Ince (whose continued presence still mystifies me to no end). Needless to say, I’m not one of his fans, and he probably thinks even less of me – and that, while being a business good thing, it's also honest.


Hotmail Hackers from Hell

Recently, the Hotmail server was hacked, and my ElectriPlast@hotmail.com Email account and apparently a contacts list I never realized I had took a hit. I began seeing my account used as a source for random Emails to both individuals I’d corresponded with in the past, and to other unknown addresses.


Thinking that it was my system, possibly being set up as a clone—with some nefarious entity controlling my system in the background—I purchased a number of virus and registry cleaners to super-sweep my system of any and all buggy-type critters. Well, the first few runs didn’t uncover anything of import, maybe a bunch of cookies, but those were all known and harmless. Frustrated, I began vigorously searching for anything out of the ordinary, and deleting it, all in an effort to rid my computer, and Email account of all those irksome random Email pushes. Maybe I was a bit too vigorous in that regard. Before the Easter break, I ended up deleting a key component—my system froze in revolt, and subsequently died, taking my hard drive with it on its way to computer Hell. Heck, Safe-mode wouldn’t even help at that point.


It was then that I realized that I don’t conduct Email interactions using the Microsoft Office Exchange, because I often travel, I only use Webmail for such a thing—and with that being a fact, then the prospect of my system versus Hotmail’s server being hacked dropped well below the radar into the not likely zone.


The fact that my computer has been literally dead for almost four weeks—and the Email’s are still flowing is a physical testimony to that point.


After returning from Easter break (spent that with friends in the UK by the way), I began rebuilding a computer out of what was left over. Just this past Monday, I regained access to the net—and though still slow at times (with a few missing drivers needing to be uploaded), for the most part I’m back.


That said--here is where I put in my plug for Apple…their iPod was my primary source of contact with the rest of the world during this time—though my capabilities were extremely limited. If only I had an iPad instead…


Finally the point of this long and drawn out moan is I want to assure all reading that I don’t keep an Email list on file for contacts to the EB. I have never sold any such lists, either for profit or out of the goodness of my soul, to others interested in such a thing.


If you have received Email from the ElectriPlast@hotmail.com address and there is gibberish, or a spam-styled web link associated, then know it is not from me. Please, do me and yourself a favor and simply delete it. If that doesn’t seem to be enough for you, then I sincerely request that you just place this address on your Email filter's “ignore” list. Trust, I’ll have no hard feelings. In saying that, I am sorry that any of you who received these messages had to endure this as an issue to contend with. Were we able to simply hunt-down these guys, and maybe Telemarketers too, and get Pulp-Fiction "Medieval" on them (we’ve all had that urge at one time or another), life would truly be just.


‘Nuf said on that topic – thank you much for your understanding, and now that you are finished reading, please go ahead and check out Doug’s ElectriPlast Company Corner piece.


Cheers and best,


PK “back on a real keyboard” sends…